Montreal, QC (June 18, 2020) \u2013 Apollo Insurance Solutions Ltd., (\u201cApollo\u201d) Canada\u2019s largest online insurance marketplace, has partnered with Great American Insurance Group to offer an entirely digital Builder\u2019s Risk insurance product on the Apollo Exchange platform.<\/p>\n
This Builder\u2019s Risk program offers limits up to $2 million and covers residential and commercial structures while they are under construction, or being remodeled or renovated. The product is live and available to APOLLO\u2019s network of over 160 Canadian property and casualty brokerages.<\/p>\n
Canadian insurance brokers are able to access all of the products on the Apollo Exchange by registering for free. This Builder\u2019s Risk product pays 20% commission to the broker.<\/p>\n
\u201cWe pride ourselves on driving innovation from broker partner feedback. We have had many requests for this product so the team and our brokers are really excited for this launch,\u201d said Apollo CEO Jeff McCann. \u201cCredit to Great American, and specifically Michelle Morin, for coordinating their team across North America to test and deploy this product during COVID.\u201d<\/p>\n
As with every Apollo Exchange product, the entire process, from quoting, binding coverage, and issuing policy documents is immediate, online, and paper free.<\/p>\n
Great American is one of several carriers that offer their products on the Apollo Exchange.<\/p>\n
Apollo gives brokers more access to products, and offers a new distribution channel and access to data for insurance carriers who partner with the Apollo Exchange.<\/p>\n
\u201cWe offer more than a low cost distribution channel to our insurance carrier partners \u2014 we offer marketing expertise alongside data-driven insights into the performance of their products,\u201d said McCann.<\/p>\n
For more information, please contact:<\/p>\n
\nDavid Dyck, Head of Marketing and PR
(778) 917-9667
[email protected]<\/span><\/a><\/p>\n<\/blockquote>\nAbout Apollo Exchange<\/b><\/h4>\n
Apollo is Canada\u2019s largest online insurance marketplace. Our proprietary platform, the Apollo Exchange, empowers brokers to instantly quote, bind, and issue policy documents for hundreds of classes of small business in real time, or white label the platform to sell directly from their website. Brokerages integrated with the Apollo Exchange are able to respond to the changing expectations of buyers and forward-thinking employees. For more information, visit apollocover.com<\/a>.<\/p>\n
Availability of the Apollo Exchange and the products described herein are subject to applicable eligibility requirements, including jurisdiction, and other terms and conditions. Descriptions of the Apollo Exchange and such products contained herein are qualified in their entirety by such requirements, terms, and conditions. All rights reserved.<\/p>\n
Source: Apollo Insurance Solutions Ltd.<\/em><\/p>\n
Tags: Apollo<\/a>, launch<\/a>, Quote and Bind<\/a>
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